Regulatory compliance and talent management are among the major challenges for private banks and wealth management firms in Hong Kong, according to a survey report from the Private Wealth Management Association (PWMA) and PwC.
Tag: Hong Kong
Hong Kong’s SFC reins in digital tokens
Following China and Singapore, Hong Kong’s Securities and Futures Commission has clarified its position on the offer of digital tokens in Hong Kong.
Strong Q2 for HK mutual funds
The assets in Hong Kong SFC-registered mutual funds grew by 15.3% over the past 12 months, according to the regulator’s quarterly report for June 2017.
E Fund launches leveraged ETF in Hong Kong
The firm partnered with Taiwan’s Yuanta to launch a leveraged ETF tracking the Hang Seng Index, according to a listing announcement on the Hong Kong bourse.
Record inflows for China-domiciled MRF funds
In July, China-domiciled funds available for sale in Hong Kong through the MRF had the highest net inflows since the scheme began at the end of 2015.
HKIFA: Investors jump into balanced funds
Balanced funds in Hong Kong saw year-on-year gross sales nearly triple to $12.4bn from $4.3bn a year ago, the first time they exceeded those of equity fund sales since 2006, according to data from Hong Kong Investment Funds Association (HKIFA).
Ex-UBS exec sets up Hong Kong WM firm
A former UBS director of UHNW assets is part of a team behind the newly-established DC Wealth Management (HK).
Malaysia, Japan AMs to launch HK funds
Capital Dynamics Asset Management and Daiwa SB Investments have received authorisation from Hong Kong’s Securities and Futures Commission to sell their funds in Hong Kong, according to the regulator.
SFC warns private fund managers
Hong Kong’s SFC has identified a number of potential regulatory concerns over firms engaged in managing private funds and discretionary accounts.
BEA Union launches two funds for Swiss investors through MRF
BEA Union Investment tests the water by introducing two Asia-focused funds to Swiss investors through the Mutual Recognition of Funds (MRF) scheme, according to CEO Eleanor Wan.
